Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Comfort Inn & Suites + Quality Inn & Suites 115 Lake Ave 60 Room Hotel Spring Lake, NC 28390 For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Dual-Branded Comfort Inn & Suites And Quality Inn & Suites Totaling 109 Guestrooms
  • Located Near Key Regional Institutions Including Pope Army Airfield, Womack Army Medical Center, Methodist University, And Fayetteville State Universi
  • Fort Bragg Is One Of The Largest Military Installations In The World, Driving Consistent Year-Round Lodging Demand From Military Personnel, Contractor
  • Strategic Location Along North Bragg Boulevard (NC-24), The Primary Commercial Corridor Serving Spring Lake And Fort Bragg
  • The Property Benefits From Recent Renovations and Ongoing CapEx, With Minimal Brand-Mandated PIP Expected Upon Transfer
  • Part Of The Fayetteville MSA, A Resilient Submarket Anchored By Defense, Healthcare, And Education

EXECUTIVE SUMMARY

Comfort Room Count: 60 Rooms
Quality Room Count: 49
Total: 109
Prime Source Properties is pleased to offer for sale the fee simple interest in the dual-branded Comfort Inn & Suites / Quality Inn & Suites, located in Spring Lake, North Carolina. The Property includes two adjacent, limited-service hotels totaling 109 guest rooms, positioned along North Bragg Boulevard (NC-24)—the area’s primary commercial corridor providing direct access to Fort Liberty, Downtown Fayetteville, and key institutional demand drivers across Cumberland County.
The asset benefits from a high-visibility location with strong traffic counts, ample parking, and seamless access to Fort Bragg—one of the largest military installations in the world—as well as Pope Army Airfield, Womack Army Medical Center, and Methodist University. This positioning enables the Property to capture consistent year-round demand from military travelers, contractors, government officials, medical visitors, and university-related guests.
The dual-branded structure allows for efficient shared operations and segmentation across midscale and economy lodging segments, improving occupancy and RevPAR performance. The hotels have undergone recent capital improvements and are offered unencumbered by management, providing new ownership with operational flexibility and immediate upside potential through enhanced revenue management or targeted cost controls. Perfect opportunity for owner operator to look after day to day and increase revenue as well bottom line.
The Comfort Inn & Suites / Quality Inn & Suites in Spring Lake represents a compelling opportunity to acquire a well-maintained, dual-branded asset in a resilient, institutionally driven market with limited new hotel supply and steady demand fundamentals.
Contact Akshat Patel at yourprimesource@aol.com to learn more about the Property and to get access to the Offering Memorandum.

PROPERTY FACTS

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.40 AC
Building Size 62,332 SF
No. Rooms 60
No. Stories 5
Year Built/Renovated 1994/2021
Parking Ratio 1.57/1,000 SF
Corridor Interior
Zoning CB-CENTRAL - Commercial Business

AMENITIES

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 30 $112.00 -
Guest Room 30 $88.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0501-75-9242
Land Assessment
$568,001
Improvements Assessment
$4,952,960
Total Assessment
$5,520,961
  • Listing ID: 36171273

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 115 Lake Ave, Spring Lake, NC 28390

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}